Friday, June 2, 2017

Types of Values – Instrumental Values and Terminal Values

INSTRUMENTAL VALUES and  TERMINAL VALUES
THE TWO TYPES OF VALUES 
Management Musings
By
VIKRAM KARVE

Values are of two types  both in the personal and organizational domains. 

The two types of values are:

1. INSTRUMENTAL VALUES

and 

2. TERMINAL VALUES


INSTRUMENTAL VALUES

Instrumental Values are core values.

Instrumental Values are permanent in nature.

Instrumental Values comprise personal characteristics and character traits.

Instrumental Values refer to preferable modes of behaviour and include values like honesty, sincerity, ambition, independence, obedience, imaginativeness, courageousness, competitiveness  and also some negative traits too. 

Organisations also have Instrumental Values (which can be ascertained from the organizational culture).

Whether at personal level or organizational level – instrumental values are permanent in nature – and so – instrumental values are difficult to change. 

For example  the instrumental values of a PSU will differ from that of an MNC – though both may be in the same business.

Since they are permanent in nature – Instrumental Values are difficult to change.


TERMINAL VALUES

In our personal lives  Terminal Values are those things that we work towards – or those things we think are most important – or things that we feel are most desirable. 

Terminal Values are desirable states of existence. 

Terminal Values include things like happiness, self respect, family security, recognition, freedom, inner harmony, comfortable life, professional excellence, etc

In a nutshell  Terminal Values signify the objectives of the life of a person – the ultimate things the person wants to achieve through his or her behaviour (the destination he wants to reach in life). 

In contrast  Instrumental Values indicate the methods an individual would like to adopt for achieving his life’s aim (the path he would like to take to reach his destination).

This applies to organisations as well  and  organizations too exhibit Terminal Values. 

However  Terminal Values can be changed  and this change in Terminal Values can sometimes be seen – when there is a change of Top Management or CEO.


Read this Before you take up a Job 
(or Before Recruiting a Candidate for a Job)


ORGANIZATIONAL VALUES AND ORGANIZATION BEHAVIOUR

Organisational Values are the key to organisational behaviour. 

So  before you join an organization you must ensure that there is no conflict in your Instrumental Values  and – the organization’s Instrumental Values 

Yes – there must be no conflict between the Employees and Employers Instrumental Values – since – Instrumental Values are difficult to change

Conversely  the organisation must consider this aspect while interviewing a prospective candidate for recruitment to avoid conflict of Instrumental Values.

However  any mismatch in Terminal Values can be corrected by suitable Induction Training  since Terminal Values can be inculcated or realigned or changed. 

VIKRAM KARVE
Copyright © Vikram Karve 
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Disclaimer:
1. These are my personal views based on my personal experience. Please do your own due diligence while selecting a training philosophy.
2. All stories in this blog are a work of fiction. Events, Places, Settings and Incidents narrated in the stories are a figment of my imagination. The characters do not exist and are purely imaginary. Any resemblance to persons, living or dead, is purely coincidental.

Copyright Notice:
No part of this Blog may be reproduced or utilized in any form or by any means, electronic or mechanical including photocopying or by any information storage and retrieval system, without permission in writing from the Blog Author Vikram Karve who holds the copyright.

Copyright © Vikram Karve (all rights reserved)

This is an abridged, upgraded and revised version of my lecture on VALUES written be me Vikram Karve more than 25 years ago in the early 1990s and posted online earlier a number of times in my various blogs including in my Academic and Creative Writing Journal Blog in 2011 at url: http://karvediat.blogspot.in/2011/12/instrumental-values-and-terminal-values.html  and https://karve.wordpress.com/2012/11/22/instrumental-values-and-terminal-values-the-two-types-of-personal-and-organizational-values/ etc
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